Business News

Union Bank Posts LKR 285 Mn Profit Before Taxes for Q1 2025

Businesscafe - Union Bank of Colombo PLC announced its financial results for the first quarter ended March 31, 2025, highlighting strong loan growth and balance sheet expansion.

Pedro Truebas The Intangible and the Invisible Opens at Lionel Wendt Celebrating 65 Years of MexicoSri Lanka Ties

Businesscafe - In celebration of the 65th anniversary of diplomatic relations between Mexico and Sri Lanka, the Embassy of Mexico in Sri Lanka and the Honorary Consulate of Mexico proudly present The Intangible and the Invisible – an abstract art exhibition by acclaimed Mexican plastic artist and architect Pedro Trueba Zepeda.

FitsAir

Businesscafe - FitsAir, Sri Lanka’s first privately owned international airline and a leading low-cost carrier, is proud to announce the launch of Business Class across its regional network, effective 25th April 2025.

Fcode Labs expands into Europe with key partnership in Sweden

Businesscafe - Fcode Labs, a global software product company based in Sri Lanka, has entered the European market through a new strategic partnership in Sweden.

Alumex PLC and ISMM Forge Alliance to Shape the Future of Supply Chain Management

Businesscafe - Alumex PLC, Sri Lanka’s premier manufacturer of aluminium extrusion products, has reaffirmed its commitment to driving excellence in supply chain management by partnering with the Institute of Supply and Materials Management (ISMM).

Amana Life policyholders enjoy 19 percent return on their Gold Investment Fund

Businesscafe - As global gold prices soar and investors worldwide turn to gold as a trusted store of value, Amana Life Insurance stands out for offering Sri Lankans a rare and rewarding opportunity to invest in gold through life insurance.

IGT 1 Officially On Boards at the Business Centre at Port City Colombo

Businesscafe - IGT 1 Outsourcing Lanka (Private) Ltd, hereafter referred to as ‘IGT 1 Lanka’, the subsidiary of IGT Holding I Sweden AB, and sister company of IFS Sri Lanka, recently signed an agreement to officially on-board as office tenant at the Business Centre at Port City Colombo.

SANKARAA hosts SANKARAA Connect to Showcase NetSuite Innovation and Customer Success in Sri Lanka

Businesscafe - SANKARAA Tech successfully hosted SANKARAA Connect, the first Oracle NetSuite event in Sri Lanka in over five years—marking a significant return to in-person industry engagement since the pandemic.

All new O3 Deo Spray enters the mens personal grooming market

Businesscafe - ICL Brands (Private) Limited recently unveiled the refined ‘O3 Deo Spray’, specially curated to take on the men’s personal grooming market in Sri Lanka, designed for the effervescent, bold, and style-driven men of today.

Dominos Sri Lanka Expands With New Outlet at Havelock City

Businesscafe - Domino’s Pizza, the world’s largest pizza brand, is proud to announce the opening of its latest outlet at Havelock City in Colombo.